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Questions tagged [economics]

Economics is the analytical study of the costs and benefits of producing, distributing, and consuming goods and services. This tag should not be used for personal finance questions, nor for most questions about expensive items, e.g. exorbitantly priced houses, autos, jewelry. It can be used for current events, and in historical contexts.

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28
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2answers
2k views

Are Fair Trade products guaranteed to be 'fairer'?

I was wondering about Fair Trade foods/products (products carrying the international certificate) as I have never seen an actual policy or standards on how much farmers/producers get paid. Is there ...
7
votes
1answer
615 views

Evidence for Bond Vigilantes?

In the last two years, economists and financial pundits have been arguing whether Bond Vigilantes (see also this question) exist, and if they do, if their actions are significant enough to pose a ...
10
votes
1answer
534 views

Are reservations/Affirmative action programs successful at alleviating financial conditions/social standing?

Various countries have forms of reservations (Reservations In India, many employment and educational opportunities are "reserved" for persons of "disadvantaged" birth (i.e. low caste, backward classes ...
12
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1answer
6k views

Is Coffee the most traded commodity in the world after Oil?

I have heard the claim that Coffee is the most traded commodity in the world right after Oil. Is there any proof of that? I have also heard that coffee is the most consumed beverage after water? Any ...
18
votes
2answers
1k views

Do small businesses create the majority of the jobs in America?

Do small businesses create the majority of the jobs in the United States? I guess it would depend on one's definition of small business, but stipulating that the definition is the one used by ...
6
votes
1answer
736 views

Do upper-income people in the US think they aren't upper income?

Andrew Gelman claims on his blog: Upper-income people still don't realize they're upper-income If people are directly asked whether they consider themselves to be upper income, do they underrate ...
5
votes
1answer
370 views

Does the weather affect the selling of your house?

A realtor just told me that you're more likely to sell your house, and get a better price, if the weather is better. He said cold damp weather reduces the number of people looking and interest in ...
19
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3answers
3k views

Can Microsoft's success be attributed to their abuse of a monopoly

Can the success of Microsoft be attributed to their abuse of their operating system monopolies of MS-DOS through the various versions of Windows (and other related monopolies such as the Internet ...
37
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5answers
5k views

Is peak oil still set for 2013?

There have been various dates that I've read about the prediction of peak oil, when global petroleum production will stop growing theoretically. Some claim 2020s; others say the 2050s as the final ...
34
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1answer
3k views

Organic food is worse for the environment because it requires more land than non-organic food

I've heard that organic crops and husbandry are worse for the environment than non-organic equivalents because in the absence of pesticides and fertilizers much more land is required for an organic ...
15
votes
1answer
755 views

Do CFLs have a significant impact on your light bill?

I just moved into my own apartment, and I've taken quite an interest in being as energy-efficient as possible (simply because, hey - I'm paying the electricity bill now!). I've been wondering - are ...
53
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2answers
7k views

Does recycling create more pollution than it prevents?

My city, like many, has a recycling program, which I believe is supposed to reduce pollution and create some positive economic activity. But I've heard many people argue that recycling programs are a ...
25
votes
1answer
2k views

Do tax cuts stimulate an economy?

Every election cycle, I keep hearing that tax breaks stimulate the economy. Are there any well-known studies or scientifically-backed examples from history that shed light on whether or not this ...
1
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1answer
673 views

How much daylight does daylight-saving save? [duplicate]

Possible Duplicate: What are the scientifically established effects of Daylight Saving Time? If we did not have daylight-saving, then would the days still be longer in the summer? If not, then ...
21
votes
7answers
2k views

Can a society become unhappier with an increase in wealth?

People like to claim that less developed countries are happier, because they live the simple life and stronger family ties. We've all heard the saying: Money can't buy you happiness. Which is easy ...
36
votes
2answers
2k views

Is there a gold stockpile at "Fort Knox"?

I heard an interesting conspiracy theory recently with the basic idea that there isn't a gold stockpile at "Fort Knox" (anymore or ever). With the level of security so great there and reportedly few ...
22
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3answers
3k views

Do automobile manufacturers make parts wear out and break easily, just so they can make more money?

It is sometimes heard that automobile manufacturers design low-quality parts that wear out or break easily, so that they can make money on the repair or replacement of these parts. I believe this to ...
11
votes
1answer
630 views

Are most properties in China vacant, despite record property price growth?

House prices in China have been growing really fast due to the amazing GDP growth of the country. I've been reading though that whilst there are so many buildings being built, it's mainly due to the ...
16
votes
1answer
1k views

Are elections bad for the economy?

Since 2008, whenever the possibly of an election is brought up, the Conservative Party of Canada repeats the same point: elections are bad for the economy. For example, here's an excerpt of Jim ...
11
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0answers
2k views

In the economic crisis of 2008, were some companies truly "too big to fail"?

During the first of the half of the current economic crisis, some companies began to collapse due to the subprime mortgage crisis or from the cascading economic damage that it entailed. A danger was ...
44
votes
3answers
2k views

What are the scientifically established effects of Daylight Saving Time?

Since the US recently went on to DST, I thought it'd be appropriate to ask this: I've heard many claims made about DST, ranging from "It saves electricity" to "It balances out daylight hours" to "It ...
15
votes
1answer
2k views

Does offshoring ultimately help the offshoring-country's poor and middle classes?

Are claims about the positive economic effects of offshore outsourcing for the poor and middle class of the outsourcing country verifiable? The main argument for Offshore Outsourcing, is the common ...
31
votes
1answer
2k views

Is there economic data to suggest whether or not trickle-down economics provides a net increase in standards of living?

One of the chief arguments for Reagan's fiscal policy of trickle-down economics was "money was all appropriated for the top in hopes that it would trickle down to the needy." Essentially that by ...
18
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2answers
2k views

Will introduction of a minimum wage increase unemployment?

In economics, you commonly hear the clear that a minimum wage law will reduce employment. Is there empirical evidence that either supports or debunks that claim?
12
votes
2answers
748 views

Is global economic production sufficient to feed, clothe and educate everyone?

Is there enough food produced annually to provide a subsistence diet for the entire population of Earth? (Bonus points for data involving shelter, clothing or education.) This question was inspired ...
35
votes
4answers
7k views

Can we grow enough crops to feed all people on Earth?

Vegetarianism is heavily promoted. But let's say all people on Earth stop eating animal products. Can we grow enough crops so all people on the Earth are provided with enough healthy, nutritious food? ...

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